MWG, i-mate and Palm switching smartphone orders back HTC, says paper

Smartphone handset vendors, including Mobile and Wireless Group (MWG) (ex-O2 Asia Pacific), i-mate and Palm, have recently switched their smartphone orders back to High Tech Computer (HTC), with the shifting of orders to push the ratio of ODM revenues at HTC to over 10% in the first quarter of this year, according to a Chinese-language Commercial Times report.

ODM revenues contributed less than 10% to HTC's total revenues in the fourth quarter of 2007, the paper quoted HTC CFO Hui-ming Cheng as indicating. Cheng said that ODM revenues will increase slightly in the first quarter 2008 and that the company plans to launch 10-12 new handsets this year, according to the paper.